VIENNA (Reuters) - Ryanair has appointed a third managing director at Laudamotion, the Austrian carrier said on Monday, tightening its grip on the leisure airline at a time when the Irish company is dealing with unrest among its employees across Europe.
Ryanair holds a 75 percent stake in Laudamotion, whose founder and minority shareholder Niki Lauda is still in hospital after a lung transplant this summer.
Michael O'Leary, the Irish budget carrier's Chief Executive, and Lauda teamed up early this year after the collapse of Air Berlin in an attempt to expand in Germany and Austria and challenge flagship carrier Lufthansa.
Colin Casey, who was a commercial manager for Ryanair, will work together with managing director Andreas Gruber and Lauda, Laudamotion said.
"All three managing directors are only jointly authorised to represent the company," Laudamotion said in a statement.
One of the most pressing issues is negotiations with the Austrian GPA trade union over a collective wage agreement.
A deal, initially envisaged in summer, is now expected in the autumn. So far, Laudamotion passengers have been spared strikes, unlike its Irish partner.
Ryanair, which is Europe's largest low-cost carrier, has struggled with labour relations despite bowing to pressure to recognise trade unions for the first time last December. Industrial unrest has escalated in recent months.
A pan-European body representing Ryanair pilot unions on Friday described the Irish airline's decision to close two bases and reduce its capacity this winter as a "declaration of war" on unions and said the move must be reversed to make progress.
(Reporting by Kirsti Knolle, editing by Louise Heavens and Kirsten Donovan)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
